If the total cost function for a lamp is C(x)=250+33x+0.1x2 dollars, producing how many units, x, will

Question:

If the total cost function for a lamp is C(x)=250+33x+0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? Find the minimum average cost.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 06:52 AM

See More Questions

If the total cost function for a commodity is C(x) = 400 + 5x + x3, what is the marginal cost when 4 units are produced, and what does it mean?
If the total cost function for a product is C(x) = 300+10x+0.03x2 dollars, producing how many units, x, will result in a minimum average cost per unit? Find the minimum average cost.
If the total cost function for a product is C(x) = 810+0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? Find the minimum average cost.
Develop a data type ResizingArrayQueueOfStrings that implements a queue with a fixed-length array in such a way that all operations take constant time. Then, extend your implementation to use a...
Two moles of an ideal gas are cooled isochorically and then expanded isobarically to lower the gas temperature back to the initial value. Find the entropy increment of the gas if in this process the...
Given that f(x) = x + 4x and g(x) = x - 2, calculate (a) (fog)(x)= (b) (go f)(x)=
Consider the all-possible-regressions analysis of Hald's cement data in Example 10.1. If the objective is to develop a model to predict new observations, which equation would you recommend and why?...
Natway, a national distribution company of home vacuum cleaners, recommends that its salespersons make only two calls per day, one in the morning and one in the afternoon. Twenty-five percent of the...
Solve the Linear Systems by the method of elimination using Gaussian elimination for matrix linear algebra. linear equation 1 ( 2 x + 4 y + 6 z = - 1 2 ) Linear equation 2 ( 2 x - 3 y - 4 z = 1 5 )...
A psychologist records the duration of natural labor (in hours) in a sample of 36 first-pregnancy mothers. Based on the duration data given in the following table, which measure of central tendency...
For the revenue function given by R(x) = 280x+ 8x2 +x3 (a) find the maximum average revenue. (b) Show that R(x) attains its maximum at an x-value where R(x) = MR.
If the total cost function for a product is C(x)= 250+6x+0.1x2 dollars, producing how many units, x, will minimize the average cost? Find the minimum average cost.
The beleaguered mayor of Dorchester, Michigan, whom you met earlier in the chapter, has now received complaints about the citys outrageously high levels of general obligation debt (debt backed by the...
What are the key principles underlying the theory of thermodynamic potentials, and how do they facilitate the analysis of different types of thermodynamic systems and processes ?
Portfolio Actual return Standard deviation Beta X 10.2% 12% 1.2 Y 8.8% 9.9% 0.8 Additionally, the risk premium for the market portfolio is 5% and the risk-free rate is 4.5%. Required: a. For both...
The dispatcher noticed that yellow taxis arrive at a rate of 28 per hour at JFK International Airport. What is the probability that the arrival time between consecutive taxis is less than 1 minute?...
Discuss how digital wallets facilitate online transactions through computers and mobile devices. Discus all steps.
The expected return of a portfolio of two stocks is calculated as the weighted average of the expected returns of these stocks. Shouldn't the standard deviation of returns of a portfolio of two...
Use the determinant theorems to evaluate each determinant. 4 -1 -2 4 3 2.
What mass of KBr (in grams) should you use to make 350.0 mL of a 1.30 M KBr solution?
Draw the graph of the equation x + |x| = y + | y |.
Draw the graph of the equation x4 4x2 x2y2 + 4y2 = 0.
Sketch the region in the plane consisting of all points (x, y) such that | x | + | y | < 1.
The organisation at which you are employed is keen to use Artificial Intelligence to improve an area of work. This area of work might be related to processes, products, or services. However, your...
How do demographic stochasticity, environmental variation, and dispersal dynamics interact to shape the spatial and temporal dynamics of populations within heterogeneous landscapes?
A company sells merchandise on November 2 at a $4,000 invoice price with terms of 2/10, n/30. The goods cost $2,000. The company uses the net method to record invoices. The customer pays the balance...

If the total cost function for a lamp is C(x)=250+33x+0.1x2 dollars, producing how many units, x, will

Question:

Step by Step Answer:

Cx 25033x01x 2 multiply both sides by ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions